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is the in recess for their weekly party caucuses. they will return at 2:15 for more work on then line sales tax bill. a motion to proceed on the bill could come tomorrow unless an agreement is reached today. learn more about your senators with c-span's 2013 congressional direct at this. it is available to order online. a handy guide to the current congress. has information about each member of the hoist and senate. it includes contact information, district maps and committee asassignments. the directory is 12.95 plus shipping and handling and order online. a short time ago we spoke with a capitol hill reporter with the latest on the legislation the senate is debating today on the internet sales tax. gautham nagesh from roll call on capitol hill. what is the purpose of this internet sales bill? >> it would require states online retailers, charge sales tax and collect and remit them when consumers make a purchase online. that includes retailers not within their own state. >> who are some of the bill's supporters and why do some of them say it will level the playing field for retailers? >> well, t
than $40 billion in tax breaks for oil and gas companies in the 2014 budget request from the president. is next.ton journal" host: good morning. it's monday, april 22. congress will discuss immigration reform today. today marks one a week since the bombings in boston that killed three. with one of the alleged perpetrators in custody, the debate over how authorities should proceed will be at capitol hill. it being debated whether the u.s. citizen should be designated as an enemy combatants and questioned under law of war or whether he should be turned over to the civilian criminal justice system immediately. should the ballston bomber be designated as an enemy combatants? give us a call. -- the boston bomber. a very good monday morning to you. we want to take you to the statement that was released over the weekend by three senators and one republican congressman. senator john mccain, senator instagram, senator kelly ayotte, and congressman king. they say the man should be treated as an enemy combatants. so we will take you through that debate that took place on a lot of th
quick, what happens next? no good. he's gone. >> well, the question is did they have to pay taxes on those benefits? >> i wants to know what happens next, oversight committees. don't know anything about it. >> eamon is gone. get hell him another time. another dramatic day on wall street. that was before some big news came out on microsoft and ibm earnings and google. ibm got killed in the after market, by the way. we're going to check all the key market news for you just ahead. i'm telling you right now, the girl back at home would absolutely not have taken a zip line in the jungle. i'm really glad that girl stayed at home. vo: expedia helps 30 million travelers a month find what they're looking for. one traveler at a time. expedia. find yours. >>> welcome back to "the kudlow report" with larry kudlow along with sue her rare ark. the latest in the boston marathon terror bomb investigation. less than to you hours ago the fbi released pictures of two men described as dangerous suspects in the case. they are asking for the public's help in identifying. >> taking a look at images. the
to stay in doors. we will have more in a moment. we investigate how your tax refund could be used if you do not buy health insurance. you think, health insurance, nobody's favorite topic and taxes, nobody's favorite topic and we are putting them together. who is criticizing the irs for not getting the word out on how they are going to enforce the law. >> breaking news on the m.i.t. campus tonight, where a campus police officer has been shot and killed, there have been reports of numerous blasts or explosions at this point we don't know if these are controlled explosions of officers detonating an item or if they were true explosions. this is what we know at this hour, a police officer was answering a disturbance call when he was shot and killed. we understand it had something to do with a carjacking but that is not completely confirmed. since then, police officers have swarmed the campus and federal agents have been on the campus and homeland security is on the campus as well. there's an active search is, we believe there's one person in custody being questioned, but the nature of the que
paying your tax this is week, listen up. we'll talk about you who you might be able to catch a break in the future with an alternative mmximum tax. hmmm, i like the idea of that. you can only pay the government a certain amount and not a penny more, dammit. but what is the threshold? we are playing music. are we doing a segment? let's bring in john cochran, professor at university of chicago boothe school of business. he wrote a editorial of this we have peter morici. he is one of our favorite economists of course. john, explain this concept to me. this is your idea. what's the idea behind this? that after a certain point it is harming the economy to pay too much tax? >> yeah. we all know that. the other point is that we have a big fragmented tax system. so i want to add up not just federal income taxes but there is federal, state income taxes, local income taxes, property taxes, estate taxes real estate transer it taxes, sales taxes. taxes you pay for your employees. when you add it up you're likely paying more than you think. the alternative minimum tax to make sure people don't en
is beginning to vote to improve an -- approve an internet sales tax that will wreck small business, dan consumers and amount to a huge tax grab for state governments across the country. a terrible idea. ""the kudlow report"" begins right now. ♪ all right. charges were filed against terror suspect dzhokhar tsarnaev. nbc news' pete williams joins us with all the details. good evening, pete. >> well, the combination of evidence here the government says they have, larry, the main thing here is from a surveillance video from the scene of a second bombing, they say they can see dzhokhar tsarnaev come into view. they see him work his way into the crowd, take his backpack off, lower it to the ground. they say still photographs show it down on the ground at his feet and they say one of the most telling moments is when the bomb at the first site goes off. everyone around him looks, virtually everyone, they say, but he is calm, staring straight ahead, not reacting at all. he briefly glances that way, appears to use his telephone, walks away, 13 seconds later the bomb goes off at his location. th
them recover. bill: also president obama's budget plan taking a bit of a heat for new taxes on middle class. that wasn't supposed to be the? how much families are supposed to pay. martha: there is the scene in denver. what a morning commute in lakewood, colorado. they're making it a slow-go. it is may next week, right? we'll be right back. the farmers' market. maybe another headache will get in the way. maybe you'll have some friends over for dinner. maybe you'll have a migraine. if you have migraines with 15 or more headache days a month, you're living a maybe life. and you may have chronic migraine. but knowing this thing you're going through has a name means knowing you can find treatments that are right for you. go to mychronicmigraine.com to find a headache specialist. and don't live a maybe life. bill: rock concert taking on a whole new meeting. watch this guy. witnesses report seeing a flash more than 250 miles away, that is the stage of the concert, behind stage right, boom. astronomers estimate the object was eight inches across only when it entered the atmosphere. that there
growth, whether it was through tax cuts and other inners and supply side reforms, would you cut them some slack on that or not? >> we would -- we think there's fairly limited room for significant fiscal stimulus that would place public debt on, you know, steeper gradient in terms of its rise. right from the beginning of the process, we recognized the government can use their balance sheet and fiscal measures to offset the decline in private sector demand. so some measures which allow for an easing of the levels of deficit reduction and the pace of that is perfectly consistent with the current rating that we now have on the uk. but can the uk go on a major fiscal stimulus exercise? we don't really think there's much room for maneuver in terms of them to do that in terms of a ratings perspective. >> what happens if they -- they could go on a big tax cutting program and that got rates going. this is more about growth, isn't it, right now, because growth is a way to generate the revenue to bring down the deficit. >> yeah. but that's evident that if you do tax cuts, that you'll get more revenu
action on behalf of tax payers. good to know, but the last line stuck in my craw. on behalf of taxpayers. why wassermann was not thinking of taxpayers before. and hadley, better late than never? >> yeah, uncle sam, giveeth and take elstaketh away. if you have a government big enough to give you everything you want it is also big enough to take away everything you have. this is just a fraction of the problem. that is $34.5 billions too many. neil: i am happy they are looking out for the taxpayers, they did not start out that way. >> it was $193 million originally. i say only, in principle, supporting clean energy, i get, let's face it we know that climate change, man-made, is going to cause future generations serious problems. so i do understand why the government is going after this. neil: we can -- man-made climate change. >> according to the -- >> i am not getting into that argument but your point on tax thing. >> fundamentally the government should take lead investigating clean energy, you can't always -- >> you win some you lose some. >> you can't always vist short-term, it is a long
president of the czech republic when we come back. welcnew york state, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business >>> welcome back to the program. here is a look at how stock res trading, to the up side. we are seeing increases throughout the trading session. yesterday was a different story. we started out okay and rapidly sold off. germany in particular was weak. eegan jones did dowde country to an a from an a plus. the xetra dax today after shedding better than 2% yesterday, which is a huge move for this index, rebounding by about 0.4%. small gains seen elsewhere, the ftse mib in italy up about 0.6%. keeping an eye on the presidential election process. that is currently under way. here is a look at the bond sp
there in this bombing. >> you will be surprised to hear who they blame. welcnew york state, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com from capital one... boris earns unlimited rewards for his small business. can i get the smith contract, please? thank you. that's three new paper shredders. [ boris ] put 'em on my spark card. [ garth ] boris' small business earns 2% cash back on every purchase every day. great businesses deserve unlimited rewards. read back the chicken's testimony, please. "buk, buk, bukka!" [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose 2% cash back or double miles on every purchase every day. told you i'd get half. what's in your w
and benghazi from a tax of a month ago. the 46 page report issued after months of gathering testimony cites a cable from as early as the 19th of april last year bearing signature with an acknowledgement of a request for more security but approving reductions of facilities and benghazi instead and it includes the obama administration reaction what was called mac a concerted attempt to insulate the department of state from blame following the attacks" end quote. the report's release comes as more than half house republicans are pushing house speaker john painter to create a select committee to investigate the september attack and benghazi. critics attack last night's talk talk imagine that. one that we detail the unanswered questions around illegal immigration we will take that up with the advocacy group that tries to appear so pristine and purer and above politics and we will examine that as well. one of the loudest vocal critics of gang of 8 is congressman smith and he will join us to share his concerns next. for seeing your business in a whole new way. for seeing what cash is coming in and
it for yourself, look under hot topics. >>> a state tax hit a road block today. the bill would have created a tax of 5 cents. but the committee put the bill on hold so it could be studied further. he says he is still hopeful the bill can make it to the floor. >> the estimate we got from the board is my bill, if it becomes law would raise $50 million a year. >> he said he crafted the bill in response to the shooting in newtown, connecticut. >>> windy out there, wind advisory till 9:00 p.m. tonight. gusty along the coast and bay. the wind advisory for the bay sections and hilly sections. wind gusts today. 55 miles per hour in san francisco. that is significant. 40 in point reyes. and berkeley 32. here is the deal, with the blowing sand on the great highway i wouldn't be surprised if it gets shut down. great highway, if you travel that route, kind of be prepared for changes. the system that is over us now is moving through, it is cold. or cooler. producing showers around davis area and north, and up here on 50 and 80 for a while. as the system moves off this way it deposits cold air and winds die do
. >> shepard: steve, thanks. all that tax-free internet shop could go be coming to an end. billions of extra dollars coming out of our pockets and going into state coffers. how are that i go go to do that? that's next. ♪ [ female announcer ] from meeting customer needs... to meeting patient needs... ♪ wireless is limitless. ♪ from finding the best way... ♪ to finding the best catch... ♪ wireless is limitless. peoi go to angie's listt for to gauge whether or not the projects will be done in a timely fashion and within budget. angie's list members can tell you which provider is the best in town. you'll find reviews on everything from home repair to healthcare. now that we're expecting, i like the fact that i can go onto angie's list and look for pediatricians. the service providers that i've found on angie's list actually have blown me away. join today and find out why over 1 million members count on angie's list. angie's list -- reviews you can trust. >> shepard: a fox weather alert. the last thing folks in the midwest need is more rain but it's on the way. on the mississippi river
sales tax. and a little boy in the jaws of an 8-foot alligator. >> trying to bite my arm off. >> hitting him in the head really wasn't doing anything. it was like hitting a bring wall. >> tonight, his father reveals the trick that saved his son's life. my mom and dated having the nightmares. i'm sleeping good. >> you will meet him. but first from fox this tuesday night. american investigators traveled to russia today to question the parents of the accused boston marathon bombers. that's what an official at the u.s. embassy is telling the associated press. the official says the russian government is cooperating with the fbi and helped arrange this interview. of course, as we have been reporting here, fox news has learned the russians asked the fbi to investigate the older brother two years ago. he is the one who died in the shootout with police. the fbi reports it did not find any terrorism activity at the time. a year later, officials tell us the same brothers spent six months in russia. but we're getting conflicting reports about what the feds knew about that trip. tonight, one lawmaker
cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com departure. hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. [ female announcer ] from more efficient payments. ♪ to more efficient pick-ups. ♪ wireless is limitless. ♪ from tracking the bus. ♪ to tracking field conditions. ♪ wireless is limitless. >>> remembering the victims of the violence here in boston. three were killed from the blast from the bombings and sean collier was shot and killed thursday night while sitting in his car. >> and police officers a
. nasdaq up 26. if you are a lot of people online shopping break you get on sales tax. it can add up. washington wants a piece of the action. chief washington correspondent james rosen on the online money grab. >> the motion is agreed to. >> ecommerce may soon get a reboot after the senate voted 74 to 20 on monday to advance the marketplace fairness act. a measure that would require online retailers who do more than a million dollars a year in out-of-state business to collect the applicable sales taxes for each state in which their online buyers reside. proponents say this will level the playing field for bring and mortar stores whose owners have grown accustomed to seeing customers browse the showroom only to dash off to a computer or hand held device. >> that's not fair. that's discriminating against the local merchant. the local merchant who hires local people. the local merchant who pays property taxes. >> nine states have enacted online sales taxes. enforcement thus far has been lax. the marketplace fairness act would require the states to provide online retailers with new softw
the irs zeroing in on the bay area for tax cheats. >> we're one of the top five zones where rurnz are getting a bit closer >>> proposal to remain name san francisco international airport after harvey milk may get competition. nine members to the naming committee this group includes united airlines representative, fire chief and a city council woman. committee will establish guidelines for renaming airport and may recommend someone other than milk to honor. >> he has come up, certainly someone worthy of consideration but there are other names as well. and this committee is going hold hearings to evaluate the names. >> first hearing taking place next month. the kplee plans to ground plans through a ballot initiative. >> one group says state gives away $700 million in tax credits every year to corporations. that are not required to create any new jobs. a new irs study shows five clusters of tax cheats around the country. one of those is here in san francisco. >> limited to very wealtho folks who have tax attorneys trying to find ways to get around paying their share if those folks ar
, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> there was a car jacking that took place, as well, in cambridge involving a mercedes suv. that car was ultimately discovered here in watertown and is pursued by the watertown police department. the pursuit went into a residential neighborhood not far from here where there was an exchange of gunfire between watertown police, nbta police officer and is two suspects in this suv. during the course of that pursuit, several explosive devices were discharged from the car at the police officers. in the exchange of the gunfire, we believe that one of the suspects was struck and ultimately taken into custody. a second suspect was able to flee he from that c
' projections. netflix shares are up almost $40 to just $214 a share. tax-free shopping on the internet could be over under a bill making its way through the senate. the bill require online retailers to collect state and local sales tax for purchases made over the internet. the sales taxes will be sent to the states were a shopper lev's. under crime law, states can only require stores to collect sales tax of the store has a physical presence in the state. as a result, many online sales tax are essentially tax-free even though you're supposed to declare those items on your state tax return and pay the sales tax. very few americans do. this a de senate noted 74 to 20 yesterday to take up the bill. with that level of support, the senate could pass the bill as early as this week. >> using voice to send text messages while driving is just as dangerous as testing with fingers. a new study by the texas transportation institute at texas a&m university came out today and it showed driver response time significantly delayed no matter which method was used. the study was the first to compare boys to tax
tax, that that money be spent on american made steel, con secrete -- concrete, bridges, buses, trains, whatever. it could work. one example, in the bill there was an opportunity for amtrak to buy new locomotives. about half a billion dollars to be spent on these new locomotives. in that section of law, one sentence was added that said these must be 100% american made. no one was making locomotives in america before that. but siemens, the german corporation, one of the biggest manufacturers in the world said, oh, half a billion dollar well, can make locomotives in america, sure. in sacramento, california, they opened a manufacturing plant, probably somewhere between 200 and 300 people working there today manufacturing 100% american made locomotives and on may 134, three years after they began this process, the first 100% american made locomotive in probably more than a century rolled onto the tracks of america. we can do this. h.r. 549 will provide that opportunity, using american-taxpayer money. i have another bill that does the same for wind and solar projects. we can do these things
. the senate is debating a bill that would require large online retailors to charge state and local sale tax. it would require all companies making over a million dollars a year to charge sales tax on all out of state purchase. state governors have been lobbying for this and the traditional brick and mortar stores say it will level the playing field. san jose based ebay opposes the tax saying sellers would have to navigate 9,000 different local tax jurisdictions across the country. >>> curbing the rules on teen drivers, the new proposals for california. plus. >> piles of dry can i be l pulled off store shelves. what you need to know about the expanded pet food recall. >>> i don't have a problem speaking for the trees. somebody has got to do it. >> changing the community by changing the environment. one one woman is doing to transfer form the view and the people. >> the first for the airline industry next. >>> we have lift off with the wingspan of a 747 and the power of a small electric scooter. the solar impulse airplane kruszed around the bay air gentleman this afternoon without a single dr
'll be gone by midweek. >> all right, thank you, paul. >> we'll be right back. the deadline to file tax returns. >>> we are just a few hours away from the deadline to file tax returns. the main post offices in san francisco, oakland, and san jose will be open late tonight to help people get that last- minute postmark. if you can't get your return done by today, you can file for an extension. and that doesn't delay payment if you owe money. you still have to estimate what you owe and pay that amount. for more information on tax day, go to our website, kpix.com/tax. >>> and back to our top story. we have the latest from boston, two people are dead. more than 120 hurt after a pair of bombs exploded near the finish of the boston marathon this afternoon. a third explosive device was recovered intact and disarmed. police are still sweeping the area for threats. they are urging people to stay inside. so far no one has claimed responsibility for the attacks and there is no word on a motive. >>> and we're coming up on the cbs evening news with much mor
showed surprising resilience dealing with the payroll tax cut exploration and with the first quarter spending close to what it was fourth quarter. so not a real hit and a decline in gasoline prices will give a consumer and nice boost in to the second quarter summer driving season. even in the short term to avoid getting overly pessimistic. connell: thank you very much dagen: she is trying to get us excited about gas that is $3.51 nationwide. [laughter] the frantic search for survivors has a massive explosion at a fertilizer plant levels homes and businesses across a small texas town. connell: carnival invest hundreds of millions of upgrades but now another one of the ships briefly losing power at sea, believe it or not. now look at the price of oil today below $87. ♪ ♪ [ male announcer ] this is karen and jeremiah they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, the
. back in a moment. welcnew york state, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. ♪ [ male announcer ] every car we build must make adrenaline pump and pulses quicken. ♪ to help you not just stay alive... but feel alive. the c-class is no exception. it's a mercedes-benz, through and through. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financ
hall. >> how much sun residents will have to shell out as part of the surface tax. >> clouds out over the inner harbor. meteorologist chelsie ingram will be back with the first warning forecast. ,,,,,,,,,,,,,, >>> it's mostly cloudy. 66 degrees in central maryland. the complete first warning forecast is coming up. >>> maryland state police charged the driver of a car that they say struck and killed a pedestrian in front of baltimore's city hall. troopers say that 43-year-old johnny johnson has been charged with homicide by motor vehicle while impaired by drugs, driving under the influence of drugs and numerous other traffic and drug offenses in the crash last week. his bail was set at a quarter million dollars. police say matthew hercel was struck by a car driven by johnson that flipped over in front of city hall. >>> the search continues this noon for the vehicle that struck two teens in ann arundel county killing one of them. skylar marion died at shock trauma monday. marion and another teenager were struck walking on mountain road in pasadena. the 13-year-old girl survived and is r
to be grounded. >>> the deadline for filing your 2012 tax return is now a little more than an hour away. ktvu's jade hernandez talked to some pro procrastinators who waited until the last minute to file their taxes. it wasn't so long until since two dozen postoffices stayed open late. more than 80% of taxpayers file online. but-- >> it's guaranteed it will be crazy like it was the last several years since i've been doing this job and people will be rushing in at the last minute right before midnight handing us their tax returns? >> why? >> procrastination. >> some filers want to have extra money now. >> usually people get their taxes back and they spend all their money real fast. the last minute thing i kind of like that because now i'm going to have a little extra. >> reporter: at the h & r block office, this procrastinator is hoping to take advantage of a cancelled appointment. there's always a reason to wait in these lines. >> i think most people get antsy because usually you have to pay and they don't want to give up their money. >> reporter: jade hernandez, ktvu channel 2 news. >>> many
. >>> the deadline for filing your 2012 tax return is now a little more than an hour away. ktvu's jade hernandez talked to some pro procrastinators who waited until the last minute to file their taxes. it wasn't so long until since two dozen postoffices stayed open late. more than 80% of taxpayers file online. but-- >> it's guaranteed it will be crazy like it was the last several years since i've been doing this job and people will be rushing in at the last minute right before midnight handing us their tax returns? >> why? >> procrastination. >> some filers want to have extra money now. >> usually people get their taxes back and they spend all their money real fast. the last minute thing i kind of like that because now i'm going to have a little extra. >> reporter: at the h & r block office, this procrastinator is hoping to take advantage of a cancelled appointment. there's always a reason to wait in these lines. >> i think most people get antsy because usually you have to pay and they don't want to give up their money. >> reporter: jade hernandez, ktvu channel 2 news. >>> many of those lost in
share. powerful communication on the powerful network. verizon. welcnew york state, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com how sharp is your business security?o! can it help protect your people and property, while keeping out threats to your operations? it's not working! yes it is. welcome to tyco integrated security. with world-class monitoring centers and thousands of qualified technicians. we've got a personal passion to help your business run safer, smarter, and sharper. we are tyco integrated security. and we are sharper. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. ...and we inspected his brakes for free.
, because if i owe $2,000 to you guys on my income taxes, do you guys say you can pay off a little at a time and then pay the rest of over a long time without being penalized? that is garbage. host: congress man? guest: there's a provision, if i'm not mistaken, if there are back taxes due, the people beyond $2,000 that is the feet that is being required in order to help pay for the processing of individuals, that will also be demanded as well. two-sided sort. -- sword. many of these undocumented workers in various industries in this country pay into a great deal of federal taxes, whether it is deducted for their payroll for social security, fica, etc., with no opportunity of ever retrieving or utilizing that tax, because they are prohibited from taking any federal program. also, one of the areas in which there will be some consternation is the fact that even though they have a work visa and are working toward a permanent status, all public benefits will be denied to 11 million people that qualify for this program. host: on twitter -- guest: yes, and parts of the criteria is going to be exact
to buy more than 1,000 u.s. dollars worth of gold you have to provide your income tax number. india say major buyer of gold. it is discouraging unaccounted for money moving into gold. i think with regards to commodities, there's a lot of uncertainty about chinese economic growth. if you look at steel production, cement production, it's barely growing in china. residential construction starts last year were down 11%. so i think there's a fundamental issue with commodities. they probably moved lower. there are assets much more interesting than commodities. >> mark, if this is a situation where as you suspect this is someone got in trouble, what happens to prices from here. >> well, if we go back down again and we have a big increase in margin calls again and then money has to be raised in the equity markets to offset losses in gold, then you're going to go down somewhere under you're going to rely on the margin. and cme released yesterday. >> anybody who says that deflation is once again on the table may have nothing to do with that whatsoever. >> i think you're right. i think someone or
of the fact that policy is our means, and they are not ends. we think we were for the court taxes or spending restraint, but those are policies we advocate. they're not what we're really for. what we're for are the good things that these policies will yield to the american people. what we're really for is the kind of society that those policies would allow the american people to create -- together. there is one idea too often missing from our public debate, it is that idea, together. in the last few years we conservatives seem to have abandoned words like together, compassion, and community, as if they're only possible meanings were as some sort of secret code for stateism. collective action does not only or even usually mean government action. conservatives cannot surrender the idea of community to the left when it is the vitality of our committees upon which our entire philosophy ultimately depends. nor can we allow one politician's occasional conflation of compassion and bigger government to discourage us from emphasizing the moral code of our world view. conservatism ultimately is not abo
and around the country when we come back. nd businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com i don'without goingcisions to angie's list first. you'll find reviews on home repair to healthcare written by people just like you. with angie's list, i know who to call, and i know the results will be fantastic. angie's list -- reviews you can trust. are you still sleeping? just wanted to check and make sure that we were on schedule. the first technology of its kind... mom and dad, i have great news. is now providing answers families need. siemens. answers. let's see what you got. rv -- covered. why would you pay for a hotel? i never do. motorcycles -- check. atv. i ride those. do you? no. boat. house. hello, dear. hello. hello. oh! check it -
medicine >>> president obama says it is time to end the online tax free shopping spree. the white house says the president is supporting a new bill that cleared its first hurdle in the senate yesterday and could come up for a full vote this week. it would require all online retailers to collect sales tax. some of the pros and cons are maybe from unexpected places. >> you wouldn't see it. the web sales tax bill has caused opposites to attract. on one side you have senators, a republican and a democrat both supporting it. on the other side arm and arm opposing it. the senate bill is the latest of what are called amazon laws, efforts to capture of what will amount to almost a quarter of a trillion online sales. that computer bought online could be $200 more. shirt and shorts is $20 higher than before with the tax. all of that could equal over $20 billion a year. 45 states are eyeing that revenue. the other five would have to create tax systems from ground zero. the measure has pit big box stores as well as a minority of etail ers. >>> amazon has physical locations in many states so it has
to manufacturer boxcar on. lori: tax-free online shopping could be numbered. melissa: take another look at metals as we head out to break. copper trading lower. we will be right back. ♪ thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by cnging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. [ lighter flicking ] [ male announcer ] you've reached the age where giving up isn't who you are. ♪ this is the age of knowing how to make things happen. so, why let erectile dysfsfunction get in your wa? talk to your doctor about viagra. 20 million men already have. ask your doctor if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury
people that have worked so hard to do this. the fact it's patriots day and tax day. i don't know. just all sorts of things running around in my head with regards to being an american and new new englander that i think it's just a terrible, terrible thing. >>reporter: passengers say before take off the pilot offered anyone who was too shaken up to travel to get off the plane if they wanted. people arisk from chicago say they have learned about the bombings in mid flight from the pilot then ordered to stay in the seat fanned they had to good to the before the room they had to ask. >> had you to press and they would literally come to you. it's like in school. one at a time. we were in coach so we couldn't go up to firsts class and vice versa. >>reporter: as restrictive as it may have been the pilot did tell us passengers that standard operating procedure during times of uncertainty. live at sfo, abc 7 news. >> thank you. >> among the images from the boston bombings resonating across the nation is one of a runner knocked to the ground. take a being loochlt you can see the power of the
new york state, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. >>> we are learning more from the victims and heroes of boston. chris jansing has been talking to people there. she's next. flap . >>> today there's been a lot of public focus into the blast in boston but we must not forget the personal toll that these attacks have taken. graduate student lin
paying taxes up front that will fund retirees' and will eventually qualify for benefits. they are the issue. that is a question about social security reform. i think we do need is a security reform. >> i thank you for your work. i appreciate both of you being here today. senator.you very much senator schumer? >> thank you, senator feinstein. i thank you both of you for your great work on agriculture. i also want to see -- i also want to thank chairman leahy for having this hearing. it has been amazing and those of us in our little group cannot support him enough -- cannot thank him enough for supporting our bill. 90% ofi get started, what is in his bill is in our bill. overall it is very positive. >> thank you. i would like to really look that over. >> i will. the bill i to would like to ask that all of us do not jump to conclusions regarding the events in boston. we will try to complete those events with this legislation. we are a safer country when law- enforcement knows who is here, has their fingerprints, photos, conduct background checks, and no wonder these to look
one jar. welcnew york state, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com if we don't double the number of kids graduating from high school in the next 8 years, our country won't be able to compete globally. what uncle sam needs now are more good teachers. are you up for it? you can help kids graduate. the more you know. >>> what does it take to get a tech tax break from the city of san francisco? less than you might expect. san jose, tech museum of innovation, will reboot. plus, author po bronson ponders cheating. our reporters from central china television mark nu. the economist martin giles. this week on "press: here." good morning, everyone. i'm scott mcgrew. the organization joint ve
is saying today. >>> also your online shopping could get very different very soon. is it a tax hike or just a way to help out some small business owners? prices will be going up. >>> and the sounds of a sickening discovery. aerothe 911 calls made by the people of west texas as they reported on that plant explosion that just about wiped part of their town off the map. all of that and breaking news as the second hour of "happening now" starts right now. jon: a new terror plot uncovered in canada linked to al-qaeda in iran. the alleged target, a passenger train traveling between new york and toronto. it is a brand new hour of "happening now," thanks for joining us, i'm jon scott. jenna: hi, everybody, i'm jenna lee, and here's the story. there are two suspects now in custody, and they will be appearing in court today. canadian police picked them up in montreal and toronto following what's been described as a lengthy investigation. the men allegedly received direction and guidance from al-qaeda members, and here's the catch: apparently, these al-qaeda members were based in iran. national corres
, but savings should not, for discretionary spending. we need to look at mandatory spending and tax expenditures. i agree completely with your point that it is hurting. i was at so many federal agencies that are compromised in not doing their work. this hits bone. these are critical services that will not be able to be performed. however, it was important not to have a government shutdown. it was important to get past this fiscal year. there was no possibility of removing sequestration in the last rounds of negotiation. there was no chance of removing it in the house and we did not have the 60 ghost in the senate. so -- votes in the senate. we could not do it. he did not have a game plan. it is a failure, that is votes are nothe there. it would have been a greater catastrophe if we hit march 1 without a continuing resolution and government would close down. gone through that before and it causes chaos. last point, we gave agencies additional discretion, which in some cases allow them to make better decisions than having to do a across the board cuts. host: back to immigration on twitter -- will
government. no tax cut would have helped us deal with this. >> bill: also, in politicians are politicizing this situation. is that wrong? we'll debate that question. caution, you're about to enterer -- enter the no-spin zone. the factor begins right now. >> bill: hi, i'm bill o'reilly, thanks for watching tonight. the terror situation in america gets more intense. that is the subject of this evening's talking points memo because anything can happen at any time. we may go to fnc's hard news quotes during this hour to give you latest on the boston situation. so if i suddenly disappear from view, don't be startled i that may be a good thing. now, as you may know there was confusion surrounding the investigation today but tonight looks like authorities are closing in on possible villains. also on the terror front leters containing traces of ricin poison have been sent to washington one mailed tout president obama and others to some snores. the letters were intercepted. since september 11th all mail going into elected officials in washington, d.c. is screened. we know identities of three people
going forward. noticing that the effective tax rate that google's reporting is actually 8%. that compares with 18%, both last quarter and in the same quarter a year ago. so you've got to wonder how much that low tax rate affected their profitability and eps in that quarter. >> indeed. all right, thank you, all. an important earnings report period just now and wouldn't you know, it's the fast food company that is the only one that beat on the top line, of all three. and it's up 7.5% right now. thank you. >>> coming up, just three days of the tax deadline comes news of a b involving current and former irsit uil you hea wh they did, michelle. >> oh, i'll be shocked. >>> also, we're going to speak exclusively to bb&t ceo about his company's earnings and his bank's trouble with stress tests. >> that and much more coming up on the "closing bell." you are watching cnbc, first in business worldwide. we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who'
to rest. we'll check in on the church services. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com ...and we inspected his brakes for free. -free is good. -free is very good. [ male announcer ] now get 50% off brake pads and shoes at meineke. >>> a second wave of people who live near the site of the massive explosion at a fertilizer plant in the town of west, texas were allowed to return home today. residents who were lucky enough to still have homes began returning yesterday. wednesday's explosion flattened the north side of the small farming town heavily damaging a nursing home, schools and neighborhoods. new evidence in the investigation is now surfacing and cnn's miguel marquez has that. mi miguel? >> reporter: don, for the first time we are hearing the 911 tape
. how many pay taxes? we don't know. how many will pay taxes if they get jobs? how much will they pay in taxes? we don't know. what is the real cost of illegal immigration to the u.s.? the real cost? hohonest square, accounting? what is this answer. what are those illegal immigrants paying in taxes and providing in the way of services to others in this country, some are i imencely productive? what is the cost of the jobs they hold, is there no cost? is it true they only work in industries where americans don't top work. this that is find just give us an answer, do we as a nation make money? do we benefit? do we prosper because of illegal immigration. you hear everyone say we're a nation of immigrants, why don't they say a nation of illegal immigrants? the questions go on and on, is the path to citizenship appropriate? is it good or bad for the economy? it is good for american society. the real question becames after 10 years of debating this issue, why in the world don't we havv these answers? that's the big question. if you have been watching politics, and washington as long as i hav
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